News & Commentary
Content posted in December 2013
How to Prepare for Year-End ALLL Calculations
Commentary  |  12/31/2013  | 
Improved data collection and analysis is the key to helping banks in meeting calculating allowances for loan and lease losses for compliance.
2014 Forecast: Many Community Banks to Increase IT Investment Next Year
News  |  12/27/2013  | 
Many community banks are planning to increase investment in IT and new products and services like mobile banking and payments.
Your Top 10 Articles of 2013
Slideshows  |  12/27/2013  | 
Big data, regulation, and of course, all things mobile were big trends in 2013. Those topics and more all appeared on Bank Systems & Technology's top 10 most read stories of the year, which we present here for your enjoyment.
2014 Forecast: Tech Trends in Commercial Banking
News  |  12/26/2013  | 
Banks have launched new online and mobile products for treasury clients, but in the year ahead they need to focus on education and training to ensure adoption and strengthen relationships.
PNC Pushes Virtual Wallet With Data-Driven Digital Marketing
News  |  12/23/2013  | 
PNC Bank has been using big data to identify and target customers by demographic segments to raise adoption of its Virtual Wallet.
U.S. Debit Card Usage Down in 2014
News  |  12/23/2013  | 
A new study from Mercator finds that the Durbin Amendment has helped reduce the use of debit cards.
How Will Banks Ride Out the Latest Mortgage Industry Cycle?
Commentary  |  12/20/2013  | 
Amid lingering fallout from the mortgage crisis, there are signs that customers are regaining faith in lenders. But there's still a long way to go.
Improving Virtualization And Business Continuity
News  |  12/20/2013  | 
Woodforest National Bank adopts Zerto's datacenter migration solution to support a virtualized banking IT environment.
Target Confirms Hackers Stole 40 Million Credit Cards
News  |  12/19/2013  | 
Hackers' 19-day heist scoops up all ingredients required to make counterfeit cards.
Will Your Bank Still Be Competitive In 2020?
Commentary  |  12/19/2013  | 
Banks that adopt digital strategies can match the agility and innovation of leaders in other industries and could reap record return-on-equity levels by 2020.
How Breaking News Is Used To Plant Malware
Commentary  |  12/17/2013  | 
Spear-phishing -- where emails lure readers or customers of trusted institutions to compromised websites -- has become one of the main tools fraudsters use to compromise endpoints inside financial institutions.
Fraud And Corruption Trends To Watch In 2014
News  |  12/17/2013  | 
Many of the regulatory efforts in the coming year to stem fraud and corruption will have a financial services focus, according to an EY forecast.
Four Bank Tech Trends For 2014
Commentary  |  12/17/2013  | 
Increased use of self-service channels and advanced analytics are among the trends the industry will see.
Corporate Mobile Banking? Not So Fast
News  |  12/16/2013  | 
Capital One research suggests security concerns are delaying many business customers' adoption of mobile for corporate banking, while there is growing interest in commercial cards and self-service capabilities.
Best Practices For Data Risk Assessment and Planning
Commentary  |  12/13/2013  | 
What’s essential, what can wait, and what’s myth
Social Media And The Next Generation Of Lending Customers
News  |  12/13/2013  | 
Banks will have to further their marketing efforts in social media to attract Gen Y customers as they begin to look for more complex financial products, including loans.
Tough Hill To Climb For Mortgage Industry In 2014
News  |  12/12/2013  | 
The mortgage banking industry is facing a difficult year in 2014, but technologies such as imaging and e-documentation can help banks drive efficiency and save money.
Putting Cybersecurity Measures to the Test
News  |  12/12/2013  | 
New York state today is testing some 200 banks to see how their cybersecurity plans work in real time.
The Anti-Money Laundering Challenge for Community Banks
News  |  12/12/2013  | 
Only about half of community banks have automated AML monitoring despite several regulatory prosecutions for compliance failures.
Is 2014 the Year of Mobile Banking?
Commentary  |  12/12/2013  | 
Mobile banking grew rapidly in 2013, and new services and customer segments will further that growth in 2014.
2014 Forecast: The Evolution of Social Media in Banking
News  |  12/11/2013  | 
Social media is one of the fastest growing channels in banking and banks need to be mindful of several trends in the channel going into 2014.
2014 Forecast: Gamification and the Year Ahead in Banking
News  |  12/11/2013  | 
While U.S. banks have been slow to adopt gamification, a whole market is set to grow around the concept that will change customer expectations for user experiences.
Eco-Finance in Brazil: One Bank's Green Journey
Eco-Finance in Brazil: One Bank's Green Journey
Bank Systems & Technology Videos  |  12/11/2013  | 
Banco Real believes there is a high correlation between organizations that are environmentally sound and those that are financially sound. Those are the organizations the bank wants to do business with.
Mitek and Kony Collaborate On Mobile Photo Bill Pay
News  |  12/11/2013  | 
The collaboration is designed to extend Mitek's distribution reach.
Customer Complaint Management Lacking at Banks
News  |  12/11/2013  | 
A new survey from Carlisle & Gallagher Consulting Group finds that complaints often take multiple interactions to resolve.
The Newest Banking Game-Changer: Your Data
Commentary  |  12/11/2013  | 
Never before have banks been able to so comprehensively understand and manage their businesses by using data
Banks As Dry Cleaners
Commentary  |  12/10/2013  | 
The defining quality of the DevOps movement can challenge the default division of labor.
Customer Satisfaction With Banks on the Rise
News  |  12/10/2013  | 
Smaller banks and credit unions continue to outpace their larger competitors in customer satisfaction.
Turning Mobile into a Performance Ad Channel for Business Customers
Commentary  |  12/9/2013  | 
Banks shouldn’t miss out on the opportunity to deepen their small business customer relationships through data-based mobile marketing tools.
A New Approach to Compliance: Find It, Fix It, Test It
Commentary  |  12/9/2013  | 
With so many compliance and system maintenance demands, banks need to adopt a new strategy to free up resources for innovation.
Banking on the Death of Cash
Commentary  |  12/9/2013  | 
Virtual currencies and new types of digital payments could reduce consumers’ reliance on cash.
How Banks Can Make Omnichannel a Reality
Commentary  |  12/9/2013  | 
Banks can start to build a seamless omnichannel experience by delivering consistent product and service recommendations across channels.
The Benefits of Real Time Payments
Commentary  |  12/9/2013  | 
Banks need to begin align business cases to take advantage of immediate payments.
Barclays Kicks Off Fintech Startup Accelerator
News  |  12/9/2013  | 
The bank announced a new startup accelerator next year, the first of six it plans to launch over the next three years.
Using Architected Software for Regulatory Compliance Success
Commentary  |  12/9/2013  | 
Having the right foundation in place is key for banks handling the changing regulatory landscape.
Texas Capital Bank Gains A Broader View of Fraud Landscape
News  |  12/6/2013  | 
Using an online forum provided by Guardian Analytics, the bank has collaborated with other institutions to better protect itself.
7 Security Predictions for 2014 from Booz Allen Hamilton
News  |  12/6/2013  | 
The consulting group previewed some of the important trends in cyber security that banks need to keep their eye on in 2014.
Securing Machine-To-Machine Connections Through Encryption Key Management
Commentary  |  12/6/2013  | 
Without best-practice controls, banks expose themselves to the risk of security liabilities and noncompliance with industry and government mandates
Bottomline Technologies Announces New Version of Paymode-X
News  |  12/6/2013  | 
The updated solution is designed to help facilitate the migration from paper-based to electronic payments.
Forrester: PayPal Most Trusted Provider for a Digital Wallet
News  |  12/4/2013  | 
A new survey found that more consumers would trust PayPal than their bank or card issuer to be their digital wallet provider.
Imaging on the Rise, But Few Banks Paperless in Loan Operations
News  |  12/4/2013  | 
A survey of 80 community banks found that most use some kind of imaging system.
Four Bank Tech Predictions For 2014
Commentary  |  12/4/2013  | 
An uptick in cloud usage and continued innovation in the payments space are among trends we can expect to see next year.
NCR Undergoes Fundamental Change With Digital Insight Buy
News  |  12/3/2013  | 
The company said the acquisition is the culmination of a years-long transformative process.
Celent Report: Choosing a Basel III Compliance Solution
News  |  12/2/2013  | 
Celent rates and reviews a number of liquidity risk management vendors and their Basel III solutions.
Risk and Finance: Joining Forces At Last?
Commentary  |  12/2/2013  | 
Culture plays a critical role in joining these two departments.
Cash Not Accepted Here
Commentary  |  12/2/2013  | 
Smart phones are chipping away at the physical dollar's dominance.


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